Filing Flows › Chevron (CVX) › Q3 2026
Chevron (CVX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Chevron (CVX) reported revenue of $67.8B for the third quarter 2026 (Q3 2026), +36% from a year earlier and -3% from the quarter before. Operating margin was 20.1%, net earnings $9.9B (14.6% of revenue).
Chevron, Q3 2026: revenue $67.8B (+36% year over year), operating margin 20.1%, net earnings $9.9B, operating cash flow $16.0B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $67.8B | -3% | +36% |
| Operating profit | $13.6B | -18% | +152% |
| Net earnings | $9.9B | -18% | +180% |
| Operating cash flow | $16.0B | -29% | +71% |
| Free cash flow | $12.0B | — | +143% |
What changed
Revenue was $67.8B in Q3 2026, up 36% year over year and down 3% from the previous quarter.
Operating profit was $13.6B, a 20.1% margin (up 9.2 points year over year). Of the extra revenue versus Q3 2025, 45% reached operating profit, above the 11% margin then. Total costs grew 22% against revenue growth of 36%. The fastest-growing cost line was Cost of revenue (+33%). Net earnings were $9.9B, up 180% year over year. The effective tax rate was 26.3%.
Operating cash flow was $16.0B (up 71% year over year), 159% of net earnings. Non-cash charges added back $6.3B of depreciation and amortization. After capital expenditures ($4.0B), free cash flow as the company reports it was $12.0B.
Questions
What was Chevron's revenue in the third quarter 2026?
Chevron (CVX) reported revenue of $67.8B for the third quarter 2026 (Q3 2026), +36% from a year earlier and -3% from the quarter before.
Was Chevron profitable in the third quarter 2026?
Operating profit was $13.6B (20.1% of revenue) and net earnings $9.9B.
Source: Chevron 10-Q on SEC EDGAR.